New insider Spencer Claire K. claimed ownership of 15,000 shares (SEC Form 3)
FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/30/2025 |
3. Issuer Name and Ticker or Trading Symbol
CROWN CRAFTS INC [ CRWS ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 15,000(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. The shares of common stock being reported were granted by the Issuer to the Reporting Person on June 16, 2025, the effective date of the appointment of the Reporting Person as a Vice President of the Issuer, such event occurring prior to the event by which the Reporting Person became a Reporting Person of the Issuer. The shares of common stock reported were granted by the Issuer to the Reporting Person pursuant to the Issuer's 2021 Incentive Plan and are subject to restrictions as to continuous employment with the Issuer through vesting, scheduled to occur on June 16, 2027. |
Remarks: |
The Reporting Person is reporting the number of shares of common stock of the Issuer beneficially owned as of June 30, 2025, the effective date of the appointment of the Reporting Person as the Chief Financial Officer, Secretary and principal financial and accounting officer of the Issuer, such positions combining with the Reporting Person's then-existing position as a Vice President of the Issuer, and such date of June 30, 2025 being the date of the event by which the Reporting Person became a Reporting Person of the Issuer. |
/s/ Claire K. Spencer | 07/08/2025 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |